CSS Economics Solved Mcqs

Q.  Which people are most likely to gain during inflation?

a. Those living on pension
b. Those living on their savings
c. Those who are repaying borrowed money
d. Those who have lent money


ANSWER: See Answer
 
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MCQs:  A direct tax is that which:
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MCQs:  In Pakistan Income tax is:
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MCQs:  Which tax better conforms to the principle of equality in taxation
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MCQs:  Which one is not a principle of taxation:
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MCQs:  A country has proportional system of taxation. A person pays Rs 500 tax when his income is 5000, how much tax he will pay if his earning rises to 8000:
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MCQs:  Which is not counted as public expenditure?
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MCQs:  If Income tax is assessed as Rs. 100 on an income of Rs. 1000. Compared to this, which one of the following indictes that the income tax rate is progressive?
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MCQs:  This is NOT a principle of taxation:
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MCQs:  This is principle of taxation
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